Common Stock, par value $1.00 per share
- Symbol
- AAME
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 1.01, 9.01 · 8-K
Atlantic American Corporation
AAMENASDAQEQUITYCurrent
Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Fourth Amendment to Credit Agreement On October 9, 2026, Atlantic American Corporation (the “Company”) entered into a Fourth Amendment (the “Fourth Amendment”) to its Revolving Credit Agreement dated as of May 12, 2021 (as amended, the “Credit Agreement”) with Truist Bank as the lender (the “Lender”).…
Recent company filings
Registered securities in this filing
ATLANTIC AMERICAN CORPORATION · 8-K · Filed 2026-10-16
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement.
Fourth Amendment to Credit Agreement
On October 9, 2026, Atlantic American Corporation (the “Company”) entered into a Fourth Amendment (the “Fourth Amendment”)
to its Revolving Credit Agreement dated as of May 12, 2021 (as amended, the “Credit Agreement”) with Truist Bank as the lender (the “Lender”). The Fourth Amendment extended the date by which the Company must deliver to the Lender (i) the Company’s
audited consolidated financial statements for the year ended December 31, 2025 to not later than October 15, 2026 and (ii) the Company’s interim consolidated financial statements for the quarters ended March 31, 2026, June 30, 2026 and September 30,
2026 to not later than November 30, 2026. In each case, the Fourth Amendment also extended the date by which the Company must deliver to the Lender related certificates of the Company’s compliance with financial covenants under the Credit Agreement
and certain other matters for the applicable period.
Fifth Amendment to Credit Agreement
On October 15, 2026, the Company and the Lender entered into a Fifth Amendment and Waiver (the “Fifth Amendment”) to the
Credit Agreement. The Fifth Amendment further extended to not later than October 23, 2026 the date by which the Company must deliver to the Lender the Company’s audited consolidated financial statements for the year ended December 31, 2025 and
related certificates of the Company’s compliance with financial covenants under the Credit Agreement and certain other matters. The Fifth Amendment also amended the minimum AM Best financial strength rating that must be maintained by the Company’s
subsidiary, American Southern Insurance Company, to be no lower than “A-” and waived related defaults under the Credit Agreement occurring prior to the Fifth Amendment.
The foregoing description of the Fourth Amendment and the Fifth Amendment does not purport to be complete and is qualified
in its entirety by reference to the full text of the Fourth Amendment and the Fifth Amendment, copies of which are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively.